eprintid: 4309
rev_number: 6
eprint_status: archive
userid: 1736
dir: disk0/00/00/43/09
datestamp: 2020-09-16 13:32:28
lastmod: 2020-09-16 13:32:28
status_changed: 2020-09-16 13:32:28
type: article
metadata_visibility: no_search
creators_name: Budiandru, Budiandru
creators_name: Sari Yuniarti, Sari
contributors_type: http://www.loc.gov/loc.terms/relators/AUT
contributors_type: http://www.loc.gov/loc.terms/relators/AUT
corp_creators: Faculty of Economic Business, Muhammadiyah Prof. Dr. Hamka University
corp_creators: Faculty Economic and Business, University of Merdeka Malang
title: Economic Turmoil in Islamic Banking Investment
ispublished: pub
subjects: C
divisions: 10
keywords: investasi, Vector Error Correction Model, nilai tukar, inflasi, tingkat suku
bunga
abstract: Investment financing is one of the operational activities of Islamic banking to
encourage the real sector. This study aims to analyze the effect of economic turmoil on
investment financing, analyze the response to investment financing, and analyze each variable's
contribution in explaining the diversity of investment financing. This study uses monthly time
series data from 2009 to 2020 using the Vector Error Correction Model (VECM) analysis. The
results show that the exchange rate, inflation, and interest rates significantly affect Islamic
banking investment financing in the long term. The response to investment financing is the
fastest to achieve stability when it responds to shocks to the composite stock price index. The
most significant contribution to explaining diversity in investment financing comes from
inflation. Islamic banking can increase the proportion of funding for investment. Increased
investment financing can make customers have a larger business scale to encourage economic
growth.
date: 2020-09-03
date_type: published
publisher: September 3, 2020
official_url: http://journal.uinjkt.ac.id/index.php/etikonomi
full_text_status: public
publication: Economic Turmoil in Islamic Banking Investment
pagerange: 1-29
refereed: TRUE
related_url_url: http://journal.uinjkt.ac.id/index.php/etikonomi
related_url_type: pub
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citation:   Budiandru, Budiandru dan Sari Yuniarti, Sari  (2020) Economic Turmoil in Islamic Banking Investment.  Economic Turmoil in Islamic Banking Investment.  pp. 1-29.      
document_url: http://repository.uhamka.ac.id/id/eprint/4309/1/2%20jurnal%20eti%20uinj%20budiandru%20feb.pdf